Money Minute: Will cattle market prices rebound after this summer?

Forecasts of cattle market prices have everyone in the beef industry on edge as they estimate prices may fall even further; however, that’s not the only interpretation of what the future holds.

One of the main stories in the U.S. cattle industry this spring and summer has been low cattle market prices. In mid-March, finished cattle prices were around $140 per hundredweight before they began to fall. In late July, cattle market prices for finished cattle were at $115 per hundredweight. Since then, the market has been trending between unevenly steady and weak.Read More